Al Goldman
Al Goldman
confidence earnings gone low per share wall win
It is understandable why confidence is so low with what's gone on in Wall Street, but at the end of the day earnings per share will win the day.
blue bottom crank deep drag lower market whale
Crank that into a market and it will drag lower than whale droppings at the bottom of the deep blue sea.
doom gloom grim high horribly level low market
It's been horribly grim this week. There's a high level of gloom and doom in the market and a low level of optimism.
beyond confidence degree high looking low minute nobody responding
There is a high degree of low confidence in the marketplace and nobody is looking beyond the end of their noses. They're responding minute by minute to things.
both buying notorious opportunity rather sector sooner
The sector is notorious for over-reacting - both up and down - and now we are getting a little realistic. But I think the buying opportunity is going to be sooner rather than later.
areas market
These are the personalities of a market getting in the areas of a bottom.
ancient earnings fourth looking market quarter
Earnings are ancient history. The first quarter is under our belt. The market is now looking to the fourth quarter and ahead.
companies hit might prices rebound sharp since stock
Drug companies are being hit by the Merck trial. But since their valuations are still cheap, we might see a sharp rebound in their stock prices soon.
drop earlier excuse finally good home lock managers provided report sales sell stocks
Earlier this year, home-builder stocks were going up like Superman. Today's drop in the home sales report provided a good excuse for managers to finally sell those stocks and lock in some profits.
economic good news normal recovery
Fluctuation is normal after a run-up. The economic news is not good and it's not going to be good for a while, but we are in recovery mode.
action based irrational market somewhere sound stage starts totally worry
Right now this is a market based on sound fundamentals. I do not see any irrational exuberance. I see intelligent buying. Somewhere out there we will get into a blow-off stage but when that will come is totally unpredictable. Therefore, I'll worry about it when market action starts to change.
despite economy improvement signs
Our economy is doing well despite what is going on in Asia, and with any signs of improvement from there, it could be up, up and away for us.
fed meeting raise rates
We do not think the Fed will raise rates at their meeting at the end of this month.
economy everybody knows market question ready recover stock
Everybody knows that the economy is going to do better sometime, that the stock market will recover sometime. It's a question of when you are ready to make a bet.